The answer to this question is "Moral Hazard". Hence I<span>f an individual and companies believe they can pursue rewards without facing the risks that should be attached to those pursuits, they are more likely to engage in irresponsible and even unethical behavior. this situation is known as a MORAL HAZARD. This is a belief of a company that they can pursue rewards without facing a problem or any issue.</span>
In comparing the relationship between the promotional mix and the Aida model, marketers have generally concluded that advertising they are most useful for drawing attention to your products and services.
In the advertising mix and the AIDA model, the main relationship of advertising is to get the customer's attention, and AIDA also stands for Attention, Interest, Desire, and Behavior, which is intended to be used in marketing and advertising. I mean The AIDA model represents the four phases that a consumer goes through before making a purchase decision.
The AIDA model, which stands for Attention, Interest, Desire, and Behavior Model, is an advertising effectiveness model that identifies the stages people go through in the process of purchasing a product or service.
Learn more about the Aida model at
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Answer:
B) 0.7; inelastic
Explanation:
The computation of the absolute value of the price elasticity of demand is shown below:
Elasticity is
= [(Sales - prior sales) ÷ ( Sales + prior sales) ÷ 2] ÷ [(price - dropped price) ÷ (price - dropped price) ÷ 2
= [(1,040,000 - 890,000) ÷ (1,040,000 + 890,000) ÷ 2] ÷ [(25,000 - 20,000) ÷ (25,000 + 20,000) ÷ 2]
= (150,000 ÷ 965,000) ÷ (5,000 ÷ 22,500)
= 0.15 ÷ 0.22
= 0.7
It is less than one so the demand is inelastic
The statement that when selecting words to include in a résumé, they should be complex in nature is false. In contrast, when writing a resume you should use concise, simple, strict and clear sentences. The resume presents a person's backgrounds and skills and the wording should be very carefully selected.